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Energy Storage Project
American Energy Sector Set to Invest $100B in Battery Storage by 2030
The U.S. energy industry has pledged $100 billion over the next five years to develop and procure American-made batteries for large-scale battery energy storage…
Crude Oil
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per…
Crude Oil
Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say
Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…
Pumped Storage
AGL Acquires Upper Hunter Pumped Hydro Projects
AGL Energy, an Australian energy company, has acquired two early-stage pumped hydro energy storage projects from Upper Hunter Hydro Top Trust (UHH) and its trus…
Electric Vehicles
China’s New-Energy Passenger Car Sales Surge in April
China’s new-energy passenger vehicle market maintained strong growth in April 2025, with retail sales reaching approximately 922,000 units, according to d…
Solar Panel
Canadian Solar Debuts 660 W Topcon Solar Panel With 24.4% Efficiency
Canadian Solar, a Chinese-Canadian solar module manufacturer, introduced its new series of TOPCon solar modules at the Intersolar event in Munich, Germany, this…
Electric Vehicles
Toyota Is ‘Reviewing’ Its Plans to Sell 1.5 Million EVs Next Year — Again
Toyota, the Japanese automaker, is reassessing its target of selling 1.5 million electric vehicles (EVs) annually by 2026 due to anticipated challenges from new…
Wave Energy
Carnegie Forms New Partnership to Scale up CETO Wave Energy Technology
Australia’s Carnegie Clean Energy and SKF, a global rotating equipment supplier, have partnered to advance the commercialization of Carnegie’s CETO …
United States
US Soybean Exports up 11.2% Since Start of Season
As of May 1, 2025, U.S. soybean exports for the 2024/25 marketing year totaled 43.461 million metric tons, reflecting an 11.2% increase compared to the previous…
Electric Vehicles
Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025
In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd.…
Photovoltaic （PV）
Scatec Starts Constructing Large-Scale Solar, Battery Storage Project in Egypt
Norwegian renewable energy developer Scatec has initiated construction on a 1.1 GW solar and 100 MW/200 MWh battery storage project in Egypt. This development, …
Electric Vehicles
Great Wall Motor Posts 5.55% YoY Rise in April 2025 Auto Sales, With NEV Sales Jumping 28.42% YoY
In April 2025, Great Wall Motor (GWM) reported sales of 100,061 new vehicles, reflecting a 5.55% increase compared to the previous year. Vehicles priced above 2…
Solar project
DESRI and Ranger Power Close Finance and Commence 290MW Solar Projects
DE Shaw Renewable Investments (DESRI), a renewable energy assets operator, and Ranger Power, a utility-scale clean energy developer, have finalized financing an…
United States
Celanese to Divest Micromax Ink and Paste Business
Celanese Corp., based in Dallas, Texas, has revealed plans to divest its Micromax portfolio of products, a move aimed at enhancing cash generation and reducing …
Gas turbine engine
Manufacturer Linamar Contracts Caterpillar Gas-Fired Gen-Sets for Ontario Sites
Linamar Corp., a manufacturer of automotive and medical technology parts, has partnered with Caterpillar and Alectra Energy Solutions to power several of its Ca…
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